The release of our latest online newsletter, featuring the groundbreaking developments in EU competition law is now available to read!
The EU has adopted revised competition regulations and guidelines, adapting to the digital economy and emphasizing sustainability objectives.
These new rules provide businesses with clearer guidance on assessing the compatibility of their cooperation agreements with EU competition rules. They offer exemptions for R&D and specialisation agreements between competitors under specific conditions. The guidelines cover various other types of horizontal cooperation agreements, including purchasing, commercialization, and sustainability agreements.
These regulations have significant implications for the Greek market, and the Hellenic Competition Commission will rely on them for assessment. The rules will be effective from July 1st, 2023, with a transition period for existing agreements.
Please read our newsletter for valuable insights into these important changes here.